NALCO Q4 results: Net profit in FY21 up 800%

01 Jul 2021 CW Team

National Aluminium Company Limited (NALCO), a navratna central public sector enterprise (CPSE), has released its financial results for the fiscal year ending March 31.

In FY21, the company had a net turnover of Rs 8,869.29 crore and a net profit of Rs 1,299.56 crore, compared to Rs 8,425.75 crore and Rs 138.23 crore the previous year. The net profit of the company for the current fiscal year increased by 840% over FY20. Units, cost-cutting measures, and favourable LME prices all contributed to the results.

With 73.65 lakh tonnes of bauxite produced in 2020-21, NALCO has set a new record for bauxite production.

In FY21, the company exported 1.92 lakh tonnes of aluminium metal, breaking a ten-year record set in 2009-10. In addition, the company produced 20.85 million tonnes of alumina hydrate and 4.18 million tonnes of aluminium metal.

NALCO Chairman and Managing Director Sridhar Patra told the media that the company had made outstanding contributions in promoting and emphasising the plant, production, productivity, and people.

He said that following the peak of the Covid-19 outbreak and the opening of the markets, the second half of the financial year 2020-21 experienced a significant recovery.

Image Source

Also read: Kamdhenu Limited notes 71% surge in net profit for Q4 FY21

Also read: KIOCL Q4FY21 results: Net profit rises to Rs 301.17 cr

Infrastructure Urban

13 Oct 2025

Madurai Corporation Proposes Rs 1,400 Million Plan to Save Vaigai River

In a renewed effort to tackle pollution, the Madurai Corporation has submitted Rs 1,400 million proposal to the state government to upgrade the city’s drainage network and prevent untreated sewage from entering the Vaigai River. The proposal follows growing public concern over the river’s deteriorating condition despite previous mitigation efforts. The Vaigai flows for nearly 12 km within Madurai city limits, with sections obstructed by invasive plants, garbage, and untreated sewage. While multiple inlets contribute to contamination, the Panthalkudi canal in Goripalayam has been identifi..

PM Modi Inaugurates Mumbai Metro 3 Final Phase, 33.5 km Aqua Line

Prime Minister Narendra Modi inaugurated the final phase of Mumbai’s first fully underground Metro 3, making the 33.5 km Aqua Line operational. The line connects Aarey in North Mumbai to Colaba in South Mumbai, aiming to ease congestion on suburban trains and roads. The final stretch, spanning 11.2 km from Acharya Atre Chowk in Worli to Cuffe Parade, provides connectivity to six major business centres, including Nariman Point, Cuffe Parade, Fort, Lower Parel, BKC, and SEEPZ/MIDC. According to Mumbai Metro Rail Corporation (MMRC), the stretch also links areas such as Kalbadevi, Girgaum, Worl..

M.E. Energy Wins Rs 490 Million Ferro Alloys EPC Order

M.E. Energy Pvt Ltd, a wholly owned subsidiary of Kilburn Engineering Ltd and a leading Indian engineering company specialising in energy recovery and cost reduction solutions, has secured its second consecutive major order valued at Rs 490 million in the ferro alloys sector. The order is for an Engineering Procurement and Construction (EPC) contract to develop a 12 MW Waste Heat Recovery Based Power Plant (WHRPP). This repeat order underscores the growing trust of the ferro alloys industry in M.E. Energy’s expertise in delivering reliable, efficient, and sustainable energy solutions tailor..